Contents
Executive Summary- Real world case studies
- Role of government
- Overview of the situation
- Brand Collusion under Oligopoly
- Other parameters
- Examples analyzed with the help of game theory
- Conclusion
- Reference
Description
Oligopoly is a market condition where the market is dominated by a few large companies. In such market condition, a large percentage of the market share is eaten up by those few leading companies. Another important feature of the oligopoly market is that there are few firms selling similar products and the products produced by each of the companies are a branded one. In many cases, it has been observed that these large companies join hands with each other to determine the price and enjoy monopoly profits.
